Best MYGA Rates in Nashville TN October 2026
If you are looking for competitive MYGA rates in Nashville, Tennessee,
a Multi-Year Guaranteed Annuity may provide a predictable fixed interest rate for a set period of time.
MYGAs are often considered by retirees and conservative savers who want principal protection
and guaranteed interest without direct exposure to stock market losses.
Mintco Financial helps clients in Nashville, Middle Tennessee and nationwide
compare MYGA options from multiple insurance carriers, including different guarantee periods,
financial-strength ratings, minimum premiums and withdrawal provisions.
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Speak directly with Mintco Financial. We personally answer our calls — no call centers.
We serve Nashville, Tennessee and clients nationwide.
October 2026 MYGA Rate Examples
Below are examples from current October 2026 MYGA rate data.
Rates may change without notice and may vary based on age, premium amount,
qualified or non-qualified funds, product design and Tennessee availability.
| Term | Carrier | Product | Rate | AM Best | Minimum Premium |
|---|---|---|---|---|---|
| 3 Years | CL Life | CL Sundance 3 MVA | 5.75% | B++ | $10,000 QL / $20,000 NQ |
| 4 Years | Oxford Life | Multi-Select 4 MVA | 6.05% | A | $20,000 |
| 5 Years | Aspida | Synergy Choice 5 MVA | 6.10% | A- | $100,000 |
| 5 Years | Oxford Life | Multi-Select 5 MVA | 6.00% | A | $20,000 |
| 5 Years | Nationwide | Secure Growth 5 MVA | 6.00% | A+ | $100,000 |
| 6 Years | Oxford Life | Multi-Select 6 MVA | 6.35% | A | $20,000 |
| 7 Years | Aspida | Synergy Choice 7 MVA | 6.15% | A- | $100,000 |
| 10 Years | Oxford Life | Multi-Select 10 MVA | 6.35% | A | $20,000 |
Rates shown are examples from October 2026 rate information and are subject to change.
Product availability and Tennessee approval should be confirmed before application.
What Is a MYGA?
A Multi-Year Guaranteed Annuity, commonly called a MYGA,
is a fixed annuity that guarantees an interest rate for a specific number of years.
If you purchase a 5-year MYGA, for example, the contract may guarantee the same
interest rate for the full five-year guarantee period.
Why Nashville Retirees Consider MYGAs
Nashville and Middle Tennessee continue to attract retirees and individuals approaching retirement.
For people who want a portion of their retirement savings positioned conservatively,
a MYGA can provide predictable interest and protection from direct stock market declines.
- Guaranteed fixed interest rate for a selected term
- Protection from direct stock market losses
- Tax-deferred accumulation
- Multiple term choices
- Potentially competitive fixed rates
MYGA Annuities in Nashville, Brentwood, Franklin and Middle Tennessee
Mintco Financial can help residents throughout the Nashville area compare MYGA options,
including clients in Brentwood, Franklin, Murfreesboro, Hendersonville,
Gallatin and surrounding Middle Tennessee communities.
Rather than comparing only the advertised rate, it is important to review the insurance carrier,
guarantee period, financial-strength rating, surrender schedule and withdrawal provisions.
3-Year, 5-Year or 7-Year MYGA?
The right MYGA term depends on your goals and how long you are comfortable committing the funds.
A 3-year MYGA may appeal to someone who wants a shorter commitment,
while a 5-year or 7-year MYGA may provide an opportunity to lock in a competitive rate
for a longer period.
The highest rate is not automatically the best contract.
Liquidity and access to your money should be part of the decision.
MYGA vs. CD in Tennessee
Both CDs and MYGAs can provide guaranteed interest for a set period,
but they are different financial products.
Bank CDs are generally FDIC insured within applicable limits.
MYGAs are insurance contracts and are not FDIC insured.
MYGA guarantees depend on the claims-paying ability of the issuing insurance company.
MYGAs also generally provide tax-deferred growth,
while interest from a non-retirement CD is typically taxable as it is earned.
Are MYGA Rates Guaranteed?
Once a MYGA contract is issued, the contract specifies the guaranteed rate and guarantee period,
subject to the terms of the insurance policy.
Rates offered to new buyers can change frequently, which is why it is important
to confirm the current rate before submitting an application.
What About Early Withdrawals?
MYGAs generally have surrender periods.
If you withdraw more than the amount allowed by the contract during the surrender period,
surrender charges may apply.
Some products may also include a Market Value Adjustment (MVA).
Before purchasing a MYGA, consider how much liquidity you may need during the guarantee term.
MINTCO FINANCIAL
Compare MYGA Rates in Nashville
Looking for a 3-, 5-, 7- or 10-year MYGA?
We can help you compare available carriers, rates and contract features.
We personally answer our calls.
No call centers.
Serving Nashville, Tennessee and clients nationwide.
Disclosure: Rates and product availability are subject to change without notice.
MYGAs are insurance products, not bank deposits, and are not FDIC insured.
Guarantees depend on the claims-paying ability of the issuing insurance company.
Withdrawals before the end of the surrender period may be subject to surrender charges
and, where applicable, a market value adjustment.
Consult a licensed insurance professional to confirm current Tennessee availability,
rates and suitability before purchasing.